Category Archive: Finance
Dick’s Sporting Goods, Inc. Posts Solid Q4 Earnings; 2017 Outlook Weaker Than Expected
Dick’s Sporting Goods, Inc. (NYSE:DKS) early Tuesday posted [Mar 7, 2017 | 7:39am] solid fourth quarter earnings results, but its outlook for 2017 was weaker than expected, and investors sold the shares off considerably in morning trading. Written by StockNews.com The Coraopolis, PA-based sporting goods retailer reported adjusted Q4 EPS of $1.32, which was $0.02 […]
The Calm Before The Storm
The volatility in the crude oil market is at a 28-month low but that complacency in the market may be short lived as the International Energy Agency warns of looming oil supply shortages over the next three years. This comes as Exxon Mobil makes a big investment in the coming U.S. oil boom as it […]
Day Trading Stock Picks For This Week Tuesday, March 7
There were so many oil stocks on the list this week that I put the cut off at 15 million shares (just for oil stocks) to help filter it down. Cliffs Natural Resources (CLF) Average day range (30) is 5.79% and average volume (30) is 25.3million. Synergy Pharma (SGYP) Average day range (30) is 5.6% and […]
We Get New Highs More Frequently After New Highs
This post may fall into the “Dog bites Man” bucket, but I will see if I can’t shed a little more light on the phenomenon. Here’s the question: “When do we see new highs in the stock market most often?” The punchline: “After a recent new high.” The red squares above show the probability of […]
Bitcoin Crashes Back Below Gold On China Chatter
After spending three days trading above the price for an ounce of gold, Bitcoin prices crashed overnight – down over $120 in a few short hours – following Bloomberg headlines citing China officials saying that Bitcoin regulation is not temporary. As a reminder, a lot of this most recent run-up has been catalyzed on hope of […]
5 Overvalued Canadian Stocks For Intelligent Investors – March 2017
There are a number of great companies in the market today but there are also many which are overvalued by the market. By using the ModernGraham Valuation Model, I’ve selected the most overvalued Canadian companies reviewed by ModernGraham. Defensive Investors are defined as investors who are not able or willing to do substantial research into individual investments, […]
Michaels Companies, Inc. Q4 Profit Beats, 2017 Outlook Strong
Michaels Companies, Inc. (NASDAQ:MIK ) early Tuesday [Mar 7, 2017 | 7:10am ] posted solid fourth quarter earnings results and offered an upbeat forecast for 2017, as its lagging comps are seen recovering in the latter part of the year. Written by StockNews.com The Irving, TX-based arts & crafts store operator reported adjusted Q4 earnings […]
Why Gold Is A Sure Thing In 2017 (SPONSORED POST)
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. As Trump sets out to ‘make America great again’, gold is back on everyone’s radar, gaining on widespread uncertainty and promises of high-level inflationary infrastructure spending. For our favorite precious metal, this is […]
Forget A Rate Hike, REITs Thrive Throughout Earnings Season
If anticipations of a March rate hike amid the hawkish comments of several Fed officials have made investors in the REIT space jittery, then this is the right time to think again. This is because the fourth-quarter 2016 performance of REITs highlights strength and stability amid an improving economy. According to a NAREIT Media release, occupancy rates […]
Morning Call For Tuesday, March 7
OVERNIGHT MARKETS AND NEWS Mar E-mini S&Ps (ESH17 -0.18%) this morning are down -0.15% and European stocks are down -0.14% as weakness in metals prices undercuts mining stocks and raw-material producers. Apr gold (GCJ17 -0.09%) is down -0.15% at a 2-1/2 week low as expectations mount for a Fed rate hike at next week’s FOMC meeting, and May copper (HGK17 -0.57%) is down -0.60% at a […]
